Marketplace has a new podcast for kids, "Million Bazillion!" EPISODE OUT NOW

Durable goods orders paint mixed picture

Lizzie O'Leary Oct 25, 2013
HTML EMBED:
COPY

Durable goods orders paint mixed picture

Lizzie O'Leary Oct 25, 2013
HTML EMBED:
COPY

The commerce department says we’re buying more stuff — big stuff meant to last three years or more, like cars, machinery, and airplanes. In economist speak, these things are called “durable goods,” and the government says orders for durables are up. But the headline number could be a little misleading. Chris Low, chief economist at FTN Financial, tells Marketplace Morning Report guest host Lizzie O’Leary why.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.